⚪20 ПЕРСПЕКТИВНЫХ АЛЬТКОИНОВ | ИНВЕСТИЦИОННЫЕ ТОЧКИ ВХОДА

VITALIY PETRENKO CRYPTO

30 Aug 202416:48

Summary

TLDRIn this express review, the host swiftly covers 20 altcoins, focusing on their mid-term prospects in relation to Bitcoin's performance. They discuss support and resistance levels, significant order blocks, and potential price movements, including scenarios for both growth and decline. Specific altcoins like ADA, AAVE, ATOM, and CRV are analyzed with technical insights, such as Fibonacci levels and chart patterns. The host also mentions a free community club offering trading and investment courses, along with referral incentives for certain exchanges.

Takeaways

📈 The video provides an express review of 20 altcoins, focusing on their current market trends and potential future movements.
🚀 The reviewer suggests that Bitcoin might not provide significant support at the $59,000 level and could continue to decline if it falls below $57,000.
📉 The script discusses the possibility of altcoins following Bitcoin's downward trend, with a particular emphasis on the importance of liquidity levels.
🔍 The video analyzes specific altcoins like ADA, ATOM, and CRV, providing insights into their price movements and potential support and resistance levels.
📊 Technical analysis plays a significant role, with the use of Fibonacci levels, order blocks, and chart patterns to predict future price action.
📌 The reviewer highlights the importance of key support and resistance levels for each altcoin, which can act as entry or exit points for traders.
⏳ The script mentions the potential for long-term accumulation for certain altcoins, suggesting that some may be good investments for the long haul.
📉 The video discusses the possibility of continued downward price action for some altcoins, advising viewers to be prepared for further declines.
💡 The reviewer provides a cautionary note on the speculative nature of altcoin trading, advising viewers to be aware of the risks involved.
🌐 The video also mentions a free community club for those interested in trading and investing, offering educational resources and a community chat.

Q & A

What is the main topic of the video script?
-The main topic of the video script is an express review of 20 altcoins, focusing on their current market situation, potential support and resistance levels, and short to medium-term predictions.
What is the significance of the Fibonnaci level mentioned in the script?
-The Fibonnaci level mentioned in the script is significant as it represents a potential support level for Bitcoin at $59,000, which could be a point of interest for traders and investors.
What does the speaker suggest might happen if the support level at $57,000 is not held?
-If the support level at $57,000 is not held, the speaker suggests that Bitcoin and consequently altcoins might continue to decline.
What is the speaker's view on the current state of the ADA coin?
-The speaker views the ADA coin as being in a downtrend, having been in a descending triangle for a long time, and suggests that a break below certain levels could lead to further decline.
What is the significance of the term 'Rainbow' mentioned in the script?
-The term 'Rainbow' in the script refers to a trading pattern or a market condition that the speaker is observing, which might indicate a continuation of the downtrend for some altcoins.
What is the 'free club' mentioned in the script, and how can one join it?
-The 'free club' is a community that offers trading and investment insights, a course for beginners and experienced traders, and a chat for like-minded individuals. To join, one needs to be a referral from one of the specified exchanges and have a minimum deposit of $200.
What is the speaker's outlook for the ATOM coin?
-The speaker's outlook for the ATOM coin is that it is currently in a symmetrical triangle pattern, and if the lower boundary of the triangle is not held, the coin may continue to decline to around $2.4.
What is the 'order block' mentioned in the script, and why is it important?
-The 'order block' mentioned in the script refers to a significant level of buy or sell orders that can influence the price of a cryptocurrency. It is important because it can act as a strong support or resistance level.
What is the speaker's advice regarding the DOT coin?
-The speaker advises that the DOT coin is in an expanding triangle pattern and suggests that it might see a decrease to the lower boundary of the triangle, around $3.6, which could be a good entry point for medium-term investments.
What does the speaker suggest about the potential future price movement of the LTC coin?
-The speaker suggests that the LTC coin might see a correction to the lower boundary of its channel, potentially reaching values around $27-30, but emphasizes the importance of not breaking below these levels to avoid further decline.

Outlines

00:00

📈 Crypto Market Analysis and Altcoin Review

The speaker begins by greeting the audience and introducing an express review of 20 altcoins. They mention a previous post where they asked for altcoin suggestions, and the ones with the most reactions were included in the list. The review will be brief, focusing on medium-term predictions without dwelling on any single coin. The speaker starts with Bitcoin, noting its current support level at $59,000, which could be a good base if it doesn't drop below the order block at $57,000. They discuss the possibility of a continued decline in Bitcoin and altcoins due to high liquidity at lower levels and the presence of an unclosed imbalance at $55,600. The speaker emphasizes the importance of being prepared for potential continued decreases in some altcoins and will provide a straightforward analysis without any overly optimistic assumptions.

05:06

📉 In-Depth Analysis of ADA and Other Altcoins

The speaker delves into a more detailed analysis of specific altcoins, starting with ADA, which has been in a descending triangle pattern for a long time. They discuss a significant upward trend that one of their acquaintances capitalized on, leading to substantial gains. The current focus is on whether ADA can maintain above the 0.5 Fib level, with a potential drop to $0.24 if it doesn't. The speaker also touches on the possibility of a future upward trend after a correction. They move on to discuss other altcoins like ATOM, which has been in a long-term accumulation phase, and the symmetrical triangle pattern it's in. The potential support levels and future price movements are analyzed, with the speaker providing insights into possible entry points for investment and speculation.

10:12

📊 Technical Analysis and Market Predictions for Various Altcoins

The speaker continues with a technical analysis of various altcoins, including CRV, which has been in an uptrend channel and is currently at a strong support level. They discuss the potential for a long-term investment in CRV and the importance of holding above certain price levels. The analysis includes a look at the DOX coin, which has shown a bearish pattern and a symmetrical triangle that has been broken, indicating a potential continued downward trend. The speaker suggests that DOX could be a good speculative short opportunity. They also mention DOT, which is in a descending channel and has broken a symmetrical triangle, suggesting a possible further decline. The speaker provides potential price points for entry and exit, emphasizing the importance of market dynamics and the influence of Bitcoin's performance on altcoin trends.

15:13

🚀 Final Thoughts on Altcoin Market and Investment Strategies

In the final part of the script, the speaker wraps up the video by summarizing the analysis and providing a closing remark. They reiterate the importance of the altcoin market's current state and the potential for certain coins to either continue their downward trend or rebound. The speaker encourages viewers to like the video if they found it valuable, subscribe to the channel, and follow on Telegram for more updates. They thank the audience for watching and sign off, indicating the end of the video.

Mindmap

Keywords

💡Altcoins

Altcoins are alternative cryptocurrencies to Bitcoin. They represent a wide range of digital currencies that exist beyond the most well-known crypto, Bitcoin. In the context of the video, the speaker is discussing various altcoins, providing analysis and predictions about their market performance. The term is central to the video's theme as it is the main subject of discussion.

💡Fibonacci Levels

Fibonacci Levels are a set of numerical values derived from the Fibonacci sequence, which is commonly used in technical analysis to identify support and resistance levels in financial markets. In the video, the speaker refers to these levels to predict potential price movements and support points for different altcoins, suggesting that they are crucial for understanding market trends.

💡Order Block

An Order Block in trading refers to a price level where a significant number of buy or sell orders are concentrated. The speaker mentions an 'important order block' in the context of Bitcoin's price, suggesting it as a significant level that could influence the direction of the market. This concept is important for understanding potential market turning points.

💡Liquidation

Liquidation in the context of trading and especially in margin trading, refers to the process where a position is closed due to the account reaching a certain risk level, often because the market has moved against the position. The video script mentions 'uncovered completely imbalance to values', which could imply a situation where liquidations might occur, affecting the market dynamics.

💡Bear Market

A Bear Market is a period of time when the market is in a downtrend, with prices generally falling. The script mentions that one of the altcoins was in a 'descending triangle' for most of the 'bear market', indicating a prolonged period of decline. This term is important for understanding the overall market sentiment and the performance of the discussed altcoins.

💡Ascending Triangle

An Ascending Triangle is a bullish chart pattern used in technical analysis, characterized by horizontal resistance and rising support levels. The speaker refers to an 'ascending trend' that one of the altcoins experienced, suggesting a period of rising prices after a prolonged period of consolidation in an ascending triangle pattern.

💡Trading Range

A Trading Range is a period during which an asset's price moves within a certain price range, showing indecision in the market. The video mentions a 'trading range' in the context of an altcoin that has shifted to a lower range after a market dump, indicating a change in the market dynamics and potential for further price movement.

💡Support and Resistance Levels

Support and resistance levels are price points that tend to offer predictable points of entry and exit in trading. The speaker discusses various support and resistance levels for different altcoins, using them to predict potential bounces or breaks that could signal a trend change.

💡Technical Analysis

Technical Analysis is the study of historical market data, primarily price and volume, to predict future market movements. The video heavily relies on technical analysis, as the speaker uses various patterns, levels, and indicators to forecast the performance of the discussed altcoins.

💡Bearish Engulfing Pattern

A Bearish Engulfing Pattern is a bearish reversal pattern on a stock chart in which a small candlestick is 'engulfed' by a larger one, indicating a potential trend reversal. The script mentions a 'bear candle' with 'absorption', which could be referring to such a pattern, suggesting a possible bearish move in the market.

💡Long and Short Positions

Long positions refer to buying an asset with the expectation that its price will rise, while short positions involve selling an asset with the expectation that its price will fall. The video discusses scenarios where long positions might be 'shaken out', indicating a market condition where holders of long positions might be forced to sell due to market movements.

Highlights

Overview of 20 altcoins with a quick and concise analysis.

Discussion on Bitcoin's current market situation and support levels.

Prediction on the potential downward trend of Bitcoin and its impact on altcoins.

Analysis of ADA's price movement and its long-term bearish trend.

Explanation of the symmetrical triangle pattern in ADA's price chart.

Prediction on the potential support and resistance levels for ADA.

Discussion on the accumulation phase of an unnamed altcoin and its long-term potential.

Analysis of the expanding triangle pattern and its implications for the unnamed altcoin.

Introduction of a free community club offering trading and investment insights.

Details on how to join the community club and the benefits offered.

Analysis of EPTOS's price action and its recent strong decrease.

Discussion on the potential entry points for EPTOS based on its current market position.

Prediction on ATOM's price movement and its current position in a symmetrical triangle.

Analysis of CRV's current market position and its potential long-term investment opportunities.

Discussion on DOX's recent price action and its potential short-term speculative opportunities.

Prediction on DOT's price movement within an expanding triangle pattern.

Analysis of DDX's long-term bearish trend and its potential entry points.

Discussion on ENA's price movement and its recent market dump.

Prediction on LQT's potential price correction and its long-term investment prospects.

Analysis of LTC's current market position and its historical price patterns.

Discussion on the potential bearish scenario for LTC and its critical support level.

Prediction on the price movement of an unnamed altcoin with a descending channel pattern.

Analysis of WILD's current market position and its key psychological support level.

Discussion on STICKER's recent market performance and its potential entry points.

Prediction on ZK's price movement and its current position in a descending channel.

Closing remarks and call to action for viewers to like, subscribe, and join the Telegram group.